Finance News - February 17th ASX 200: ComBank, Westpac, CSL lead the ASX amid ongoing coronavirus fears Despite ongoing concerns about the global economic impact of coronavirus (COVID-19), Australia's biggest companies, including the Commonwealth Bank and CSL, racked up solid gains to push the Australian Securities Exchange to another near-record last week. The...
Finance News - February 14th CBA signals push to grow its investment home lending market with rate cuts Australia’s largest bank has cut a range of home loan rates, including big reductions for investors, signalling it could be pushing for growth in the investment lending market. Source: Nils Versemann (Shutterstock) Commonwealth Bank has cut...
Finance News - February 12th Coles Stikeez is back, but coronavirus could impact our buy-in The latest collectables campaign from Coles is geared towards getting shoppers to spend more on food, but coronavirus (COVID-19) could put a damper on those plans, an economist warns. Source: Getty Images for Coles. Coles relaunched...
Coronavirus - February 7th Rushing out for hand sanitiser? Read these 5 surprising facts first Fears of contracting coronavirus (COVID-19) have sent the price of hand sanitiser skyrocketing, as supermarkets warn that stocks are low. However, is it really that effective against viruses? And is it value for money? Here are...
Finance News - February 6th These are the highest paying tradie jobs in Australia right now Which tradies get paid the most in Australia? Find out today.
Finance News - February 4th What impact could a RBA cash rate cut have on borrowers and savers? Australia's central bank is tipped to cut the cash rate at least once this year, so we've crunched the numbers to see the impact that could have on Australian hip pockets. Hint: homeowners could get even...
Finance News - February 3rd Mining and travel stocks down and market set to fall as coronavirus jitters cut trade Global fears of the financial impact of the coronavirus stopped the Australian share market’s rise last week, denting its overall growth for January. Both the overall All Ordinaries index and the ASX 200 remained above 7,000...
Finance News - January 25th Top property locations for profit in Australia: Report reveals best performers for capital gain People selling property in Hobart could be the most likely to make a profit, new research shows. Find out which council region in your city delivered the most reliable gains in 2019. Hobart experienced the highest...
Finance News - January 24th Home loan rate wars: Banks cut interest rates “early” as competition “heats up” Just when it seemed safe to think home loan rates couldn’t get any cheaper, a flurry of banks have started to cut their home loan interest rates in recent days. Two of the big four, a...
Finance News - January 24th ASX this week: Market closes above 7000 points as Afterpay, Woolworths, CommBank and ANZ make gains The Australian stock exchange finished solidly this week, reaching above 7,000 points for the second week in a row. Here's a list of the the best and worst performers. The ASX 200 finished at 7,096, which...
Finance News - January 24th ANZ, NAB slash savers’ rates while high-interest neobank offer nets $30m deposits in 7 days Two of the big four banks have now cut interest rates on savings products, more than a week ahead of an anticipated official cash rate cut. What can savers do to help maximise potential returns on...
Finance News - January 24th AustralianSuper customers hit with admin fee hike AustralianSuper customers will be hit with a new admin fee, as the super fund attempts to offset the impact of government legislation.
Finance News - January 23rd NAB faces class action for alleged super 'mismanagement', as CBA also hit with suit National Australia Bank has been hit with a class action for allegedly ‘ripping off’ more than 330,000 super customers. Filed by law firm Maurice Blackburn on Wednesday, the class action accuses NAB subsidiaries MLC Nominees and NULIS...
Finance News - January 22nd CBA super arm, Colonial First State Investments, faces class action alleging "excessive" fees A class action has been filed against Colonial First State Investments, alleging the Commonwealth Bank subsidiary eroded members' retirement savings.
Finance News - January 22nd Westpac cuts range of fixed home loan rates for investor customers Westpac has reduced interest rates across a range of its home loans for investors, in a bid to increase its share of that market. In some cases, the new package rates are lower than the bank...
Finance News - January 21st Price hike: Wild weather tipped to wreak havoc on grocery bills Australians at supermarket checkouts could be the next to feel the effects of the wild weather that has decimated entire crops and limited the supply of goods. Here are some of the products you may need...
Finance News - January 20th ASX 200 market wrap: records smashed, CSL, CommBank, BHP stocks gain Unprecedented highs were reached on the Australian stock exchange last week, with the overall market surpassing 7,000 points for the first time ever. In the best start to a trading year for more than 25 years,...
Finance News - January 14th Financial assistance available for Australians affected by devastating bushfires A number of organisations have made financial assistance available to communities impacted by the bushfire emergencies devastating parts of Australia. Australians experiencing financial hardship as a result of the bushfires may be able to get help...
Finance News - January 14th First Home Loan Deposit Scheme: Buyer boost or poisoned chalice? Just weeks after the federal government’s new First Home Loan Deposit Scheme (FHLDS) was launched, experts have raised concerns that it has an “accessibility problem”. The initiative is designed to help eligible Australian first home buyers...
Finance News - January 13th ASX 200 market wrap: record high week with CSL, CommBank & Telstra among winning stocks Australia's stock market ended at a record high last week, achieving a new peak of more than 6,900 points. Calmer international relations by the end of last week, a buoyant market in the United States and...